Home
Top Ranked
Cities Map
Real Estate
Compare Cities
My City Rank
City Guides
State Guides
Curving, rural stretch of road
Back to GreatPlacesToRetire.com GreatPlacesToRetire

Home Data | Cost of Living | Health | Population | Other

HOME PRICE TO RENT COMPARISON


Compare home prices to renting in your favorite retirement city or town. Is it more affordable to purchase that retirement home or to rent?

The Home Price/Rent Index is a tool to help with that decision.

Kingston, New York and Gatlinburg, Tennessee have the lowest Price/Rent indexes of any of our top 99 retirement cities, indicating a great retirement home purchase opportunity.





Compare Home Prices to Rents
2017
         
  Home Price Monthly County Price/Rent
City/Town (000s) Rent (for Rent) Index*
Kingston, NY $163 $1,479   7.4
Gatlinburg, TN $137 $1,061 Sevier 8.7
Concord, NH $242 $1,722 Merrimack 9.4
San Marcos, TX $237 $1,679 Caldwell/Hays 9.5
Hanover, PA $175 $1,229 York 9.6
Marietta, OH $134 $935 Washington 9.6
Clarksville, TN $168 $1,169   9.7
Columbia, SC $169 $1,173   9.7
Green Bay, WI $161 $1,113   9.7
Valdosta, GA $145 $994   9.8
Springfield, MO $163 $1,105   9.9
Fond du Lac, WI $148 $993   10.0
Oak Ridge, TN $143 $944 Roane 10.2
Winter Haven, FL $176 $1,134 Polk 10.4
Rochester, MN $180 $1,146   10.5
* A lower Price/Rent Index is a strong case for buying that retirement home,
                        a higher index indicates you should consider renting.
* Price/Rent Ratio = Percentage of the City Average Home Price (adjusted for the
                        statistical difference between the average and median) to the Median
                        Annual Rent of a similar house (assume a 3-bedroom house)
Current Home Prices are through August 2017. Monthly Rents are for 2017.


Related City Link:







GreatPlacesToRetire.com Terms & Privacy | Site Map | About Us | Sources | Links | Advertise | Revised: 10/19/2017

Copyright © 2017 Great Places To Retire